Live Training Rebroadcast Nov 18 2010 webinar

FXDD Live Training Rebroadcast Nov 18 2010 webinar- >>Cick to watch

Bobbys Corner-Open Market-Nov.18.2010

Good Morning:

The Euro picked up overnight-as speculation that Ireland will receive a bailout (or aid package if you wish), which will hopefully prevent contagion in the EU’s other sovereign states.  A package for Ireland would most certainly lead to calmer markets, which will be positive for the Euro.
The Fed’s QE2 program which will purchase $75 Bil of US Treasuries per month will hopefully spur employment and inflation in a move to  get the US economy back on solid ground.

World equity markets rose, and US Futures are higher with news  that the IMF  and EU are working on a solution for Ireland’s sovereign debt issue.

Oil:$81.84                                                    Gold:$1353.60

HAVE A GREAT DAY & GOOD LUCK

Tuesday Nov 16th 2010 Webinar Rebroadcast

Tuesday Nov 16th 2010 Webinar Rebroadcast- Click to watch

Bobbys Corner-Open Market-Nov.17.2010

Good Morning

I am back in the US after another 2 week trip to the UAE-where we visited with clients in Dubai and Abu Dhabi.

There have been  a slew of  fundamental variables in the last few weeks which have moved the markets.  The US elections, renewed concerns over European sovereign debt problems (Ireland,Spain,Greece etc.), China’s aggressive stance regarding their economy and the Yuan, comments by world central bankers regarding reserve currencies, along with the G-20 meeting which produced no solid agreements, are just a few of them.

The Irish government is stalling at accepting any aid package at this time-the meeting of EU finance ministers ends
in Brussels today, and we will wait and see the Irish governments budget which is due to be released next week.  This will give market participants a better picture of Ireland’s sovereign debt picture, and what the most prudent steps will be to assist the country to right it’s economic woes.

Equity markets were mixed in Asia, and mostly higher in Europe after yesterday’s fall in the Dow.  US Futures are also slightly higher at this time.

Oil:$81.55                                                                    Gold:$1335.80  

HAVE A GREAT DAY & GOOD LUCK

FXDD Webinar Rebroadcast Thursday Nov 11 2010

FXDD Webinar Rebroadcast Thursday Nov 11 2010 – Click here to watch

Rebroadcast of FXDD Tuesday Nov 9 2010 Webinar

FXDD live webinar rebroadcast from November 9th 2010.

Greg Michalowski speaking in Dubai Nov 9th 2010

Greg Michalowski is speaking in Dubai Nov 9th 2010. If you are in the middle east, you will find it worthwhile to attend the event. More details at http://www.meotsummit.com

Bobbys Corner-Open Market-Nov.5.2010

Good Morning:

FX markets were range bound in Asia and early European trading-as the markets await this morning’s employment data.
The Euro lost some traction in overnight trading against the USD and JPY as investors sold bonds from the “smaller” EU countries, as concerns over their sovereign debt issues continue to plague the region.

Equity markets were mostly lower-as are US Futures at this time.

Oil:$86.59                                                               Gold:$1380.20

HAVE A GREAT DAY-WEEKEND & GOOD LUCK